The Bank Identification Number (BIN) 558985 is issued by KWANGJU BANK in KOREA, REPUBLIC OF. This is a MASTERCARD CREDIT card with BUSINESS WORLD level.
BIN (Bank Identification Number), also known as IIN (Issuer Identification Number), refers to the first 6 digits of a payment card number. These digits identify the card-issuing institution, card type, and other attributes used for routing and fraud prevention.
By looking up BIN 558985, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (CREDIT), the card level (BUSINESS WORLD), the issuing bank (KWANGJU BANK), and the country of issuance (KOREA, REPUBLIC OF). This information is useful for payment processors, merchants, and fraud prevention systems.